Net Loss of Mcleod Russel India reported to Rs 11.64 crore in the quarter ended June 2019 as against net loss of Rs 3.88 crore during the previous quarter ended June 2018. Sales declined 10.51% to Rs 232.90 crore in the quarter ended June 2019 as against Rs 260.25 crore during the previous quarter ended June 2018.

Mcleod Russel India announced that ICRA has revised the long term rating from ICRA B- to ICRA D. The short term rating has also been revised from ICRA A4 to ICRA D. The ratings continue to remain on 'Issuer Not Cooperating' Category.

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